Morning appeal. [volume] (Carson City, Nev.) 1877-1906, 1887-04-30
THE COMING BooM.

The Virginia Rero~t puDl~fes
the following which only corrobor-
ates rumors which have been float
ing around this city for some time:
L tely returned Vircinians from
San francesca say that the late Use
in Ophir was caused by the rumor
there that Flood was going to Eu
pe, aud thai Ser atnr james was t.
take the helm and steer the biggest
boom seen afioat IN many years.
There is also another rumor which
fnds credence among many that
Hobart and his people will make
drive to get the control of Savage
at the next election, which will be
in July we believe.
Still another rumor is tothe effect
that the Chollar and Potosi folks
have partly developed a great deal
of ore. They have not prosecuted
at all, but everything is so arranged
that they can start in crosscutting
in several places at once and very
short order reveal enough ore tn in
sure a long line of dividends and a
boom in the stock.
In confirmation of these rumors
the facts are pointed to that Sana-
tor. Jones and Mackayand Hobart
are very much together, aud the
important works which the several
parties are conducting plainly moi
cate a combination. And last, but
not least, the great, all-absorblng
inquiry in San Francisco of allvlsit-
ing Virginians is, When are they
going to commence prosecuting III
Chollar and Potosi?" Pilesof letters
and kilograms are received here
daily asking that question, and will
undoubtedly be the siSnal for the
launching of the boom.
Here goes for another rumor:
There was powerful syndicate
formed not long ago to put things
on their feet On the old lode, says
Iumor and thugs went along quite
swimmIngly untliit was ascerlaineu
that ali the wealth that the sSuol-
cate was making by the boom III
stocks was represented by the
promises 10 pa" of bearing bro
kers. Of course, If the promises 10
pay were accepted as good, 1T Was
only question of tune for tnem TO
be in fact good, for, as sure as every
thing that goes up is bound TO come
down again stocks are bound 10 get
back to the starting poInt. The
syndicate, realizing the fact that
the, never could reallzs ceutiIom
the fictitious aud fabulous wealth.
they were maklDg, commenced 10
can OH the brokers tor settlement.
aud, the result Was as they snouIu
have known on the star, that
the brokers didn't have the money,
and tneu followed the failures wan
which weare ali but To weil al quaint-
Ell. The purpose for whlcn the
syndicate had been formed had
failcd-failen fat, and tue syndlcatt
was no better of than when formed
The brokers had failed dishonesty
and retained every dollar they werv
reputeu to be worth before the stocH
movement. Even Bob Morrow
whom no man doubts but that ht
was able to pay dollar tor dollar
pleaded the baby act aud refused
to pay. the result vi the opera
tions of the syndicate causes an es-
trangement among some Of the
memb ers, and il virtually fell Il
pieces. Then followed the decline
In stocks. OF course there wa,
enough adhesion and sympathy lei
among the large holders 10 keep TIL.
marketat respectable figure. Blu
now the rumor is that the syndicat,
has been reformed, aud that 1t i.
composed of none but Old hands
aud II Is their intention to put tn,
lode on its feet and start up opera
tlons on gigantic scale. Tha
preparations are going on To do so
of course is plaiuly to be seen
Every one here knows there i
plenty of ore in the Con-Cal- Va
Chollar, Potosi, Crown Point ant
many other mines upon which tn
mills can run aud give a fair return
profit long after the stock dea
which is bound to ensue shall hav